43 Canyon Drive NW Calgary, AB T2L 0R2

$745,000
3
Beds
1
Baths
0.14
Acres
1,087
SQFT
685
$/SQFT
$745,000
3
Beds
1
Baths
1,087   sf
$685 / sf
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active
1/31
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Welcome to this INCREDIBLE INVESTMENT OPPORTUNITY located on a quiet street in the sought-after neighborhood of Collingwood. This property offers the perfect canvas for builders, renovators, or homeowners seeking to create their dream home in a prime location. Previous owners have obtained an approved development permit for two detached dwellings, a process that typically takes up to 6 months to complete, saving builders valuable time and money. The value between approved development permits and holding costs is roughly $40,000. On top of that the hot water tank was just replaced in October!With stunning city views, this lot is surrounded by some of the best amenities Calgary has to offer. Just minutes away from Nose Hill Park, Confederation Park, and the renowned Confederation Golf Course, this location is perfect for those who enjoy outdoor activities. You'll also find tennis courts, dog parks, the West Confederation bike track, and multiple schools nearby. Whether you're an outdoor enthusiast or seeking convenience, everything you need is just around the corner.The property is ideally situated just a 5-minute drive to both SAIT and the University of Calgary, making it a fantastic choice for students, faculty, or anyone looking for easy access to these educational institutions. A quick 10-minute drive will take you to the vibrant Kensington area, where you'll find an array of shops, restaurants, and entertainment options.This is a fantastic opportunity for builders or renovators to create something truly special in one of Calgary's most desirable neighborhoods. Don't miss out—contact us today for more information or to schedule a viewing!

Welcome to this INCREDIBLE INVESTMENT OPPORTUNITY located on a quiet street in the sought-after neighborhood of Collingwood. This property offers the perfect canvas for builders, renovators, or homeowners seeking to create their dream home in a prime location. Previous owners have obtained an approved development permit for two detached dwellings, a process that typically takes up to 6 months to complete, saving builders valuable time and money. The value between approved development permits and holding costs is roughly $40,000. On top of that the hot water tank was just replaced in October!With stunning city views, this lot is surrounded by some of the best amenities Calgary has to offer. Just minutes away from Nose Hill Park, Confederation Park, and the renowned Confederation Golf Course, this location is perfect for those who enjoy outdoor activities. You'll also find tennis courts, dog parks, the West Confederation bike track, and multiple schools nearby. Whether you're an outdoor enthusiast or seeking convenience, everything you need is just around the corner.The property is ideally situated just a 5-minute drive to both SAIT and the University of Calgary, making it a fantastic choice for students, faculty, or anyone looking for easy access to these educational institutions. A quick 10-minute drive will take you to the vibrant Kensington area, where you'll find an array of shops, restaurants, and entertainment options.This is a fantastic opportunity for builders or renovators to create something truly special in one of Calgary's most desirable neighborhoods. Don't miss out—contact us today for more information or to schedule a viewing!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2208399
  • Built
    1959
  • Lot Size
    0.14
  • Listed on site
    71 days
  • Listing Brokerage
    RE/MAX Realty Professionals

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2025-06-01 01:35:36
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Property details

Community Features

  • Golf Community
  • No HOA

Exterior features

  • No Pool

Interior Features

  • Carpet Floors
  • Basement Unfinished
  • Basement Full

Style

  • Bungalow
  • One Story
  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Apr 17, 20252 mos agoPrice decreased4,900 (1%)$745,000
Apr 4, 20252 mos agoNew on market$749,900
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